27

Oct

U.S. Container Imports Plunge 6.6% in September as Tariff Fallout Takes Hold

The ten largest ports in the U.S. experienced a 6.6% drop in inbound container volume in September compared to last year. This marks a significant shift from e...

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27

Oct

Interior’s Burgum Floats Shipping Gas From Alaska North Slope

US Secretary of the Interior Doug Burgum has proposed the idea of storing natural gas from Alaska’s North Slope and shipping it directly. He noted that this p...

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27

Oct

Trump Plan Would Open Almost All Coast To Offshore Drilling

October 23, 2025 — The Trump administration is preparing a new plan to allow offshore oil drilling in almost all US coastal waters, despite opposition from go...

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27

Oct

HD Hyundai Heavy, Huntington Ingalls To Jointly Build U.S. Navy Ships

SEOUL, Oct 26 - South Korea's HD Hyundai Heavy Industries and U.S. shipbuilder Huntington Ingalls have teamed up to build auxiliary ships for the U.S. Navy, ac...

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27

Oct

Chinese Ship Sinks Off Guangzhou Waters With Two Crew Missing

October 26, 2025 – A ship flying the Chinese flag sank near Guangzhou after hitting a container ship registered in Singapore, according to a statement from the...

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27

Oct

Cargoship ‘Thamesborg’ Arrives in Eastern Canada After 10-week Odyssey, Grounding in Arctic

Thamesborg was expected to travel from China to Canada in about three to four weeks using an Arctic shortcut. However, the journey ended up taking more than tw...

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24

Oct

Container Shipping Rates Rise for Second Straight Week as Carriers Push GRIs

This week, the Drewry World Container Index rose by 3% to $1,746 for a 40-foot container. This marks the second week in a row of increases after a 17-week dro...

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24

Oct

Swedish Coast Guard Boards Bulk Carrier Suspected of Dumping Waste in Baltic Sea

Swedish authorities have intercepted a bulk carrier flying the Liberian flag off the coast of Gothenburg after receiving reports that the ship had dumped waste...

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24

Oct

Pakistan Navy Seizes Nearly $1 Billion Worth of Meth and Cocaine in Arabian Sea

The Pakistan Navy, part of the Saudi-led Combined Task Force 150, has confiscated narcotics valued at over $972 million in the Arabian Sea during a special ope...

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